Newsletter - MMJC - Page 19

Introduction. The Ministry of Corporate Affairs (‘MCA’) has been relentlessly striving to make the life of corporates easier by reducing the complexity of legal compliances. One such effort taken by MCA is, shifting of important e-forms to MCA V3 portal. Under this ongoing process of shifting the e-forms to new portal, MCA has shifted three

The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’) lays down the provisions for effective corporate governance and fair disclosures by listed companies in India. On July 8, 2024, SEBI vide its SEBI LODR (Second amendment) regulation 2014 [LODR second amendment’] notified an amendment providing an option to debt-listed

The Securities and Exchange Board of India (‘SEBI’) constituted an Expert Committee on August 24, 2023, under the chairmanship of Shri S.K. Mohanty. The primary objective of this Committee being to facilitate ease of doing business for listed entities in India by harmonizing the provisions of the Issue of Capital and Disclosure Requirements (‘ICDR’) and

On 27th October 2023 and 9th November 2023 respectively, Ministry of Corporate Affairs (MCA) notified LLP of third amendment rules and LLP SBO rules. As per these rules, the LLPs are required to maintain register of partners and disclose to the Registrar of Companies (ROC)about the holders of beneficial interest other then registered partners and

‘Shareholders are de jure owners, and directors are de facto owners in a company’. This is an old saying explaining the position of shareholders and directors in a company. But off late, with more and more complex corporate structures being introduced in the capital markets for owning shares in a company, regulatory focus has been

Introduction: The Central Government in exercise of the powers conferred by clauses (aa) and (ab) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) (Hereinafter referred to as “FEMA 1999”) notified the Foreign Exchange Management (Non-debt instruments) Rules, 2019 [NDI Rules 2019] in supersession of the Foreign Exchange

Securities Exchange Board of India (‘SEBI’) vide its circular dtd June 25,2024 has come up with second amendment to SEBI (Prohibition of Insider Trading) regulations, 2015 (‘SEBI PIT’). The effective date of this amendment is ninetieth day from the date of publication in the Official Gazette which shall be September 23, 2024. About Trading Plans

In the ever-evolving market landscape, staying informed about material price movements is essential for complying with Rumour Verification protocols. To aid this process, the Stock Exchange has introduced a specific formula for calculating Material Price Movement (MPM). We have developed several scenarios and case studies to illustrate the application of this formula, helping in understanding

“Insolvency Dilemmas: NCLAT’s Verdict on Section 185 Compliance in CIRP Claims” NCLAT Delhi, in the matter of AVJ Heights Apartment Owners Association Vs. India Infoline Finance Ltd have dealt with the question where financial contract which was not in compliance of certain provisions of the Companies Act, 2013 can be admitted as a claim under

Securities and Exchange Board of India(SEBI) vide its amendment notification dt: June 15, 2023 notified Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), (Second Amendment) Regulations, 2023. Vide this amendment SEBI provides that listed companies will now have to disclose particulars of senior management including the changes therein since the close of